Looking to get on the next move to the upside on EURAUD after the pair has been holding strong on support and looking like a potential wedge is forming offering some space to the upside, with a 25 pip SL at 0.5% risk offering a 3:1 RR for the final target, but potential for the trade to be held longer depending how things develop. Reasons for the trade: 1. Market...
The pair is supported by a nice parabolic curve which has shown multiple supports over the last days. This morning we have broken a structure to the upside, indicating buyers are in. We have a confluence area (2 or more fib levels) which is also the former top, and this will be my today's target, around 1.63800 levels Check out the ZOOM below to understand...
Welcome to our weekly trade setup ( EURAUD )! - 1 HOUR Bearish break below main sr level. 4 HOUR Overall sideways market at its highs. DAILY Good short entries and price action towards previous lows. - FOREX SWING SELL EURAUD ENTRY LEVEL @ 1.62470 SL @ 1.62860 TP @ 1.61880 Max Risk. 0.5% - 1%! (Remember to add a few pips to all levels - different...
last week euraud was on consolidation . since last week i marked this zones support and resistance that i am waiting for a break and retest to enter on trade. in my opinion euraud should go sell next week.
Hi moneymakers, Setup for EURAUD, we found resistance/retested very nice on ALL the levels of fib except for the 38 yet. There also seems to be a strong level of previous support, wich now turns resistance on the 38 fib. So from here i am expecting a push down wich also is in line with the fundamental data for now. We will short EURAUD very soon if price...
This is a full breakdown of my perception of price action on higher time frames! I take my entries using smaller time frame confirmation and you should, too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below! Let’s make some money together!
Clearly, EURAUD is a buy as an uptrend is rising up after the AUD Cash Rate news. TP: 1.628 or ABOVE
EUR/AUD ANALYSIS 7/5 Check out last week analysis regarding this pair here (I update my pairs frequently, NOT on tradingview) Price has broken out of the current triangle structure We may now see price re-test initial support once again this time as resistance and depending on how price react we can determine if we drop more before bullish or we just go...
euraud is making HL and LL if price breaks last lower low i will enter sell. if price breaks last lower high i will enter buy.. simple
On the Asian Sessions, we are looking for the continuation to the downside. If this does not occur then we would want to see a pullback to the 50% retracement of high. Big Picture View Strong: AUD Weak: EUR This trade is valid until 06/07/2020 @ 9 pm BST. Follow me on Tradingview or DM in the chat. Don't forget to hit the like button 🐉 HAPPY TRADING 🐉
A strong continuation on a downtrend for EURAUD to sell throughout the day. TP: 1.628 or below
EURAUD Short Direction: - Entered a Bearish Cycle on Tuesday (three days ago) on the H1, so I was looking to short off possible high points. - Just dropped to the first level of the cycle, so still needs to drop for minimum 1/2 more days. - On the H4 & H1 time-frame there is Bearish Momentum , as lower lows and lower highs are being made. Entry: - High held at...
Entered as shown on chart. Will adjust SL if we get decent upwards movement.
EUR/AUD ANALYSIS 6/28 Check out my last analysis regarding this pair below! (I update my pairs frequently, NOT on tradingview) Since then price is still in a correction We may see another pullback to the downside Looking for long potential after a pullback this pair likes to range for a long period of time so we really need to be patient Reminder: Drawing is...
Coming into this new week of trading I'll definitely be speculating how price reacts in this congested area of PA. I'd like to enter once price confirms my predictions on where price plans to go in the future before this happens we must wait and see what this pair brings to the table. First we let price break out of its Price Accumulation then read candle stick...
EURAUD broke major downtrendline Price is based above HVN at level 1.6300 which indicates that pair is in accumulation phase Above SMA 100 MACD shows bullish momentum RSI is above level 50 we r waiting price to exceed key level at 1.6425 to open long trade first target will be at level 1.6767 then finally target supply zone at level 1.7200